GBPCAD Long Fakeout Trade
GBPCAD Long Fakeout Trade
We closed below Previous Day Low and then returned above.
Stop Loss 10 pips below the wick: 1.79793
Take Profit: 1.80425
1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15
Close the loser before hitting full SL if price moves back to the breakout level without follow-through.
Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.
*No important news for GBPCAD today*
We closed below Previous Day Low and then returned above.
Stop Loss 10 pips below the wick: 1.79793
Take Profit: 1.80425
1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15
Close the loser before hitting full SL if price moves back to the breakout level without follow-through.
Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1.
*No important news for GBPCAD today*
手動結束交易
Trade closed manually
Missed TP1, closed trade manually because of strong bearish momentum candles and start of New York session. +203.59$
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